Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
4274563 Canada Inc.	CANADA
75 WALL STREET ADVISERS	UNITED STATES
A. Diffusion	FRANCE
AAAM S.A.	FRANCE
AB Servicios Selecta Espana S.L.	SPAIN
ACMAR	MOROCCO
ACM-Compagnie Mercur Aktiengesellschaft	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4a	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4b	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4c	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4d	GERMANY
ACP Vermögensverwaltung GmbH & Co. KG Nr. 4e	GERMANY
Actio France	FRANCE
ACTIP 3	FRANCE
ACTIP 5	FRANCE
Addax Alpha Pat.	FRANCE
ADEUS Aktienregister-Service-GmbH	GERMANY
Administradora de Inversión Colseguros S.A. en Liquidación	COLOMBIA
Advisors IG LLC	UNITED STATES
Aequitas GmbH Allianz Equity—Alternative Strategies	GERMANY
Aero-Fonte S.r.l	ITALY
AFA	FRANCE
AFC Assecuranz- und Finanzvermittlungs-Contor GmbH	GERMANY
AGF 2X	FRANCE
AGF Actions	FRANCE
AGF Actions Euro Val	FRANCE
AGF Actions Internat	FRANCE
AGF Actions Mid Cap	FRANCE
AGF ACTIONS ZONE EURO L	FRANCE
AGF Aequitas L	FRANCE
AGF AFRIQUE	COTE D’IVOIRE
AGF AFRIQUE Holding	FRANCE
AGF Air France IFC	FRANCE
AGF Ameriques D	FRANCE
AGF Ameriques USD	FRANCE
AGF Ammonité	FRANCE
AGF Asac Actions	FRANCE
AGF Asac Dynamisme	FRANCE
AGF Asac France 1	FRANCE
AGF ASCENSION 2011 L	FRANCE
AGF Assurfinance	FRANCE
AGF Balanced	BELGIUM
AGF Benelux S.A.	LUXEMBOURG
AGF Benin Assurances (ex. SOBAC)	BENIN
AGF Biplus	FRANCE
AGF BIPLUS 2 L	FRANCE

1

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
AGF Brasil Seguros S.A.	BRAZIL
AGF Burkina Assurances S.A.	BURKINA FASO
AGF Burkina Assurances Vie S.A.	BURKINA FASO
AGF Cameroun Assurances S.A.	CAMEROON
AGF Cameroun Assurances Vie S.A.	CAMEROON
AGF CAP FRANCE D	FRANCE
AGF Capital Investissement	FRANCE
AGF Capital Investissement 2	FRANCE
AGF Centrafrique Assurances S.A.	CENTRAL AFRICAN REPUBLIC
AGF Côte d’Ivoire Assurances S.A.	COTE D’IVOIRE
AGF Côte d’Ivoire Assurances Vie S.A.	COTE D’IVOIRE
AGF CREATIONS1	FRANCE
AGF CREATIONS2	FRANCE
AGF Croissance Europe	FRANCE
AGF Destinations 201	FRANCE
AGF do Brasil Ltda.	BRAZIL
AGF Dynamic	BELGIUM
AGF Dynamisme	FRANCE
AGF EFFICIO	FRANCE
AGF Efficio Confort	FRANCE
AGF EFFICIO PLUS	FRANCE
AGF Emprunts d’Etat	FRANCE
AGF Energie	FRANCE
AGF Epargne Action	FRANCE
AGF Equilibre	FRANCE
AGF Eureco	FRANCE
AGF Euro Actions C et D	FRANCE
AGF Euro Credit Alpha	FRANCE
AGF Euro Gagnant	FRANCE
AGF Euro Inflation L	FRANCE
AGF Euro Oblig Plus	FRANCE
AGF Euro Obligisr	FRANCE
AGF Euroland	FRANCE
AGF Europe Convertible	FRANCE
AGF Europe Obligations	FRANCE
AGF FCR	FRANCE
AGF FIF Inst. Multimercado FI	BRAZIL
AGF FIF Inst. Plus FI	BRAZIL
AGF Foncier	FRANCE
AGF Forex Quant	FRANCE
AGF Graduello	FRANCE
AGF Haut Rendement !	FRANCE
AGF Hexeo	FRANCE
AGF Holding	FRANCE
AGF Holdings (UK) Limited	UNITED KINGDOM
AGF Horizon 2010-11	FRANCE
AGF Horizon 2012-13	FRANCE
AGF Horizon 2014-15	FRANCE
AGF Horizon 2016-17	FRANCE

2

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
AGF Horizon 2018-20	FRANCE
AGF Horizon 2021-23	FRANCE
AGF Horizon 2024-26	FRANCE
AGF Horizon 2027-29	FRANCE
AGF Horizon 2030-32	FRANCE
AGF Horizon 2033-35	FRANCE
AGF Horizon 2036-38	FRANCE
AGF Horizon 2039-41	FRANCE
AGF Horizon LG Terme	FRANCE
AGF HOSPITAL EURO L	FRANCE
AGF Hospitalier International L	FRANCE
AGF Hospitaliers Monde	FRANCE
AGF IART VINTAGE	FRANCE
AGF Immobilier S.N.C.	FRANCE
AGF Imo Actions	FRANCE
AGF Indice Euroland	FRANCE
AGF Indice Japon L	FRANCE
AGF Indices U.S.A	FRANCE
AGF Informatique G.I.E.	FRANCE
AGF Insurance Limited	UNITED KINGDOM
AGF Inter Oblig	FRANCE
AGF Interfonds	FRANCE
AGF International	FRANCE
AGF Inversiones S.A.	ARGENTINA
AGF INVEST	FRANCE
AGF Japon	FRANCE
AGF Long Terme	FRANCE
AGF MADAGASCAR S.A.	MADAGASCAR
AGF Madagascar Vie	MADAGASCAR
AGF Mali Assurances	COTE D’IVOIRE
AGF Marches Emergents	FRANCE
AGF Matieres Premier	FRANCE
AGF Multi Alternatives L	FRANCE
AGF Multi Croissance	FRANCE
AGF Multi Defensif	FRANCE
AGF Multi Harmonie	FRANCE
AGF Oblig 1-3 Plus	FRANCE
AGF Oblig Convertibles	FRANCE
AGF Oblig CT Terme	FRANCE
AGF Oblig Européennes	FRANCE
AGF Octoplus	FRANCE
AGF Octoplus II	FRANCE
AGF Octoplus III	FRANCE
AGF Opéra	FRANCE
AGF Opportunities	FRANCE
AGF Optomax 2	FRANCE
AGF Optomax L	FRANCE
AGF Pension Trustees	UNITED KINGDOM
AGF Private Banking S.A.	FRANCE

3

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
AGF Private Equity FCPR	FRANCE
AGF Private Equity S.A.	FRANCE
AGF Prudence	FRANCE
AGF RAS Holding BV	NETHERLANDS
AGF RENDEMENT LT R	FRANCE
AGF RENDEMENT REEL L	FRANCE
AGF Saint Marc CL	FRANCE
AGF Saude S.A.	BRAZIL
AGF Scalinvest	FRANCE
AGF Secteur Immobilier	FRANCE
AGF Sénégal Assecurances S.A.	SENEGAL
AGF Sénégal Assecurances Vie S.A.	SENEGAL
AGF Serenite	FRANCE
AGF Togo Assurances (ex. AGT)	TOGO
AGF TRIPLUS LH	FRANCE
AGF UK	FRANCE
AGF U.S.A U.S.A	FRANCE
AGF VALEUR DURABLES L	FRANCE
AGF Vita 4	FRANCE
AGF Vita Plus	FRANCE
AGF Voltissimo	FRANCE
AGFimo	FRANCE
AGIF RCM Asia	FRANCE
Agora Courtage	FRANCE
AHFP Capital S.a.r.l.	SWITZERLAND
Ajax Insurance Holdings Limited	UNITED KINGDOM
Alba Allgemeine Versicherungs-Gesellschaft	SWITZERLAND
Alchemy Capital PLC	IRELAND
Aleppa Funding I Llc	UNITED STATES
Aleppa Funding II Llc	UNITED STATES
Alexandria Capital Plc	IRELAND
Alfa Trade Corporation spol s.r.o.	CZECH REPUBLIC
Alfa Trade Corporation spol s.r.o.	CZECH REPUBLIC
Alida Grundstücksgesellschaft mbH & Co. KG	GERMANY
Alida Grundstücksverwaltung GmbH	GERMANY
Alkmene S.a.r.l in Luxembourg	LUXEMBOURG
All Net GmbH	GERMANY
Allianz Australian Claims Services Limited	AUSTRALIA
Allianz (UK) Limited	UNITED KINGDOM
Allianz AADB Fonds	GERMANY
Allianz ABS Fonds	GERMANY
Allianz AKR Fonds	GERMANY
Allianz Alapkezelõ Zrt.	HUNGARY
Allianz Alp Sp. z oo	POLAND
Allianz ALSI Fonds	GERMANY
Allianz Alternative Asset Management U.S. Holding Inc.	UNITED STATES
Allianz Alternative Asset Management U.S. LLC	UNITED STATES
Allianz Alternative Assets Holding GmbH	GERMANY
Allianz America Latina S.C. Ltda.	BRAZIL

4

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz APAV Fonds	GERMANY
Allianz APKE Fonds	GERMANY
Allianz APKR Pimco Emerging Markets Fonds	GERMANY
Allianz Argentina Compania de Seguros Generales S.A.	ARGENTINA
Allianz Asset Management AG	SWITZERLAND
Allianz Asset Management správcovská spol a.s.	SLOVAKIA (Slovak Republic)
Allianz Australia Workers Compensation (Victoria) Limited	AUSTRALIA
Allianz Australia Advantage Ltd.	AUSTRALIA
Allianz Australia Employee Share Plan Pty Ltd.	AUSTRALIA
Allianz Australia Insurance Limited	AUSTRALIA
Allianz Australia Life Insurance Limited	AUSTRALIA
Allianz Australia Limited	AUSTRALIA
Allianz Australia Services (No. 2) Pty Ltd	AUSTRALIA
Allianz Australia Services Pty Limited	AUSTRALIA
Allianz Australia Workers Compensation (NSW) Limited	AUSTRALIA
Allianz Australia Workers Compensation (SA) Limited	AUSTRALIA
Allianz Automotive Services GmbH	GERMANY
Allianz Autowelt GmbH	GERMANY
Allianz Aviation Agency	UNITED STATES
Allianz AVM Fonds	GERMANY
Allianz AVR-Fonds	GERMANY
Allianz AZL Vermögensverwaltung GmbH & Co. KG	GERMANY
Allianz BADB Fonds	GERMANY
Allianz Bank Bulgaria JSC	BULGARIA
Allianz Bank Financial Advisors S.p.A.	ITALY
Allianz Bank Polska S.A.	POLAND
Allianz Bank Zrt.	HUNGARY
Allianz Belgium Insurance S.A.	BELGIUM
Allianz Beratungs- und Vertriebs-AG	GERMANY
Allianz Beteiligungs Management GmbH	GERMANY
Allianz Biznes Sp. z o.o.	POLAND
Allianz Bulgaria Holding Company Ltd.	BULGARIA
Allianz Bulgaria Insurance and Reinsurance Company Ltd.	BULGARIA
Allianz Bulgaria Life Insurance Company Ltd.	BULGARIA
Allianz Bulgaria Pension Company AD	BULGARIA
Allianz business services s.r.o.	SLOVAKIA (Slovak Republic)
Allianz Capital Partners GmbH	GERMANY
Allianz Capital Partners Verwaltungs GmbH	GERMANY
Allianz Cash Pool II LLC	UNITED STATES
Allianz Cash Pool LLC	UNITED STATES
Allianz China Life Insurance Co. Ltd.	CHINA
Allianz Climate Solutions GmbH	GERMANY
Allianz Compagnia Italiana Finanziamenti 2 S.p.A.	ITALY
Allianz Compagnia Italiana Finanziamenti S.p.A.	ITALY
Allianz CompanÍa de Seguros y Reaseguros S.A.	SPAIN
Allianz Consultores S.C.	MEXICO

5

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz Cornhill Information Services Private Ltd.	INDIA
Allianz Croiss II	FRANCE
Allianz Croiss III	FRANCE
Allianz Croissance	FRANCE
Allianz Deutschland AG	GERMANY
Allianz Direct Agent di Asigurare s.r.l.	ROMANIA
Allianz Direct Kft.	HUNGARY
Allianz Direct New Europe d.o.o.	CROATIA (local name: Hrvatska)
Allianz Direct New Europe Sp. z o.o.	POLAND
Allianz Direct s.r.o.	CZECH REPUBLIC
Allianz dit Strategiefonds Balance	GERMANY
Allianz dit Strategiefonds Stabilität	GERMANY
Allianz dit Strategiefonds Wachstum	GERMANY
Allianz dit Strategiefonds Wachstum Plus	GERMANY
Allianz Dresdner Bauspar AG	GERMANY
Allianz Dresdner Mutual Funds Management Hellas S.A.	GREECE
Allianz EDUKACJA S.A.	POLAND
Allianz EEE Fonds	GERMANY
Allianz Egypt Insurance Company S.A.E.	EGYPT
Allianz Egypt Life Company S.A.E.	EGYPT
Allianz Elementar Lebensversicherungs-Aktiengesellschaft	AUSTRIA
Allianz Elementar Versicherungs-Aktiengesellschaft	AUSTRIA
Allianz Engineering Services Limited	UNITED KINGDOM
Allianz Equity Investments Ltd.	UNITED KINGDOM
ALLIANZ EUR.PENS.INV.-BALANCED	LUXEMBOURG
ALLIANZ EUR.PENS.INV.-DYNAMIC	LUXEMBOURG
Allianz Euribor Plus	FRANCE
Allianz Europe B.V.	NETHERLANDS
Allianz Europe Ltd.	NETHERLANDS
Allianz FADB Fonds	GERMANY
Allianz Finance Corporation	UNITED STATES
Allianz Finance II B.V.	NETHERLANDS
Allianz Finance II Luxembourg S.A.	LUXEMBOURG
Allianz Finance III B.V.	NETHERLANDS
Allianz Finance III Luxembourg S.A.	LUXEMBOURG
Allianz Finance Management Pty Ltd	AUSTRALIA
Allianz Finance Pty Ltd.	AUSTRALIA
Allianz Finance UK Limited	UNITED KINGDOM
Allianz Financial Services S.A.	GREECE
Allianz Finanzbeteiligungs GmbH	GERMANY
Allianz Fire and Marine Insurance Japan Ltd.	JAPAN
Allianz General Insurance Company (Malaysia) Berhad p.l.c.	MALAYSIA
Allianz generalni sluzby s.r.o.	CZECH REPUBLIC
Allianz Gestion Sociedad Gestora de Instituciones de Inversion Colectiva S.A.	SPAIN
Allianz GLA Fonds	GERMANY

6

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz Global Corporate & Specialty AG	GERMANY
Allianz Global Corporate & Specialty France	FRANCE
Allianz Global Investors (UK) Ltd.	UNITED KINGDOM
Allianz Global Investors Advertising Agency Inc.	UNITED STATES
Allianz Global Investors Advisory GmbH	GERMANY
Allianz Global Investors AG	GERMANY
Allianz Global Investors Asia Pacific GmbH	GERMANY
Allianz Global Investors Australia Ltd.	AUSTRALIA
Allianz Global Investors Deutschland GmbH	GERMANY
Allianz Global Investors Distributors LLC	UNITED STATES
Allianz Global Investors Europe GmbH	GERMANY
Allianz Global Investors Europe Holding GmbH	GERMANY
Allianz Global Investors France S.A.	FRANCE
Allianz Global Investors Fund Management LLC	UNITED STATES
Allianz Global Investors Hong Kong Ltd.	HONG KONG
Allianz Global Investors Ireland Ltd.	IRELAND
Allianz Global Investors Italia S.p.A	ITALY
Allianz Global Investors Japan Co. Ltd.	JAPAN
Allianz Global Investors Kapitalanlagegesellschaft mbH	GERMANY
Allianz Global Investors Korea Limited	KOREA, REPUBLIC OF
Allianz Global Investors Luxembourg S.A.	LUXEMBOURG
Allianz Global Investors Managed Accounts LLC	UNITED STATES
Allianz Global Investors Management Partners LLC	UNITED STATES
Allianz Global Investors MultiAsset Investmentaktiengesellschaft mit veränd. Kapital	GERMANY
Allianz Global Investors Nominee Services Ltd.	UNITED KINGDOM
Allianz Global Investors Nominees (UK) Ltd.	UNITED KINGDOM
Allianz Global Investors NY Holdings LLC	UNITED STATES
Allianz Global Investors of America Holdings Inc.	UNITED STATES
Allianz Global Investors of America L.P.	UNITED STATES
Allianz Global Investors of America LLC	UNITED STATES
Allianz Global Investors Pacific Ltd.	BERMUDA
Allianz Global Investors Product Solutions GmbH	GERMANY
Allianz Global Investors Services (UK) Ltd.	UNITED KINGDOM
Allianz Global Investors Singapore Ltd.	SINGAPORE
Allianz Global Investors Solutions LLC	UNITED STATES
Allianz Global Investors Taiwan Ltd.	TAIWAN
Allianz Global Investors U.S. Holding II LLC	UNITED STATES
Allianz Global Investors U.S. Holding LLC	UNITED STATES
Allianz Global Investors U.S. Partners GP	UNITED STATES
Allianz Global Investors U.S. Retail LLC	UNITED STATES
Allianz Global Life Ltd.	IRELAND
Allianz Global Risks U.S. Insurance Company	UNITED STATES
Allianz Global TAA A	FRANCE
Allianz GLR Fonds	GERMANY
Allianz GLRS Fonds	GERMANY
Allianz GLU Fonds	GERMANY
Allianz GREQ Fonds	GERMANY
Allianz GRGB Fonds	GERMANY

7

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz Handwerker Services GmbH	GERMANY
Allianz Hayat ve Emeklilik AS	TURKEY
Allianz Hedge Fund Partners (Cayman) LLC	CAYMAN ISLANDS
Allianz Hedge Fund Partners Inc.	UNITED STATES
Allianz Hedge Fund Partners S.a.r.l.	SWITZERLAND
Allianz Hellas Insurance Company S.A.	GREECE
Allianz Holding eins GmbH	AUSTRIA
Allianz Holding France SAS	FRANCE
Allianz Holdings plc.	UNITED KINGDOM
Allianz Hungária Biztosító Zrt.	HUNGARY
Allianz Iberica Services Center A.I.E.	SPAIN
Allianz Immobilienfonds 1 GmbH & Co. KG	GERMANY
Allianz Immobilienfonds GmbH	GERMANY
Allianz Income Management Services Inc.	UNITED STATES
Allianz Individual Insurance Group	UNITED STATES
Allianz Informatyka Sp. z o.o.	POLAND
Allianz Infrastructure Partners GmbH	GERMANY
Allianz Infrastructure Partners Ltd.	UNITED KINGDOM
Allianz Insurance (Hong Kong) Ltd.	CHINA
Allianz Insurance Company Lanka Limited	SRI LANKA
Allianz Insurance Company of Singapore Pte. Ltd.	SINGAPORE
Allianz Insurance Limited	SOUTH AFRICA
Allianz Insurance Management Asia Pacific Pte. Ltd.	SINGAPORE
Allianz Insurance plc.	UNITED KINGDOM
Allianz Insurance Services LTD.	GREECE
Allianz International Ltd.	UNITED KINGDOM
Allianz International Real Estate	FRANCE
ALLIANZ INVERSIONES SOCIEDAD DE VALORES S.A.	SPAIN
Allianz Invest 50 LH	AUSTRIA
Allianz Invest 50 PC	AUSTRIA
Allianz Invest Alternative	AUSTRIA
ALLIANZ INVEST d.o.o.	CROATIA (local name: Hrvatska)
Allianz Invest Eurorent Liquid	AUSTRIA
Allianz Invest Kapitalanlage GmbH	AUSTRIA
Allianz Invest Osteuropa LH	AUSTRIA
Allianz Invest Osteuropa NL	AUSTRIA
Allianz Invest Ostrent LH	AUSTRIA
Allianz Investment Company LLC	UNITED STATES
Allianz Investment Management LLC	UNITED STATES
Allianz Investment Management SE	GERMANY
Allianz Investment Properties Ltd.	UNITED KINGDOM
Allianz Investmentbank Aktiengesellschaft	AUSTRIA
Allianz Investments I Luxembourg S.à.r.l	LUXEMBOURG
Allianz Investments II Luxembourg S.à r.l.	LUXEMBOURG
Allianz Investments Management Italia S.p.A.	ITALY
Allianz Irish Life Holdings p.l.c.	IRELAND
Allianz Jupiter 1 B.V.	NETHERLANDS
Allianz Jupiter 2 B.V.	NETHERLANDS

8

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz Jupiter 4 B.V.	NETHERLANDS
Allianz Jupiter 5 B.V.	NETHERLANDS
Allianz Jupiter 8 B.V.	NETHERLANDS
Allianz Jupiter 9 B.V.	NETHERLANDS
Allianz Kazakhstan	KAZAKHSTAN
Allianz kontakt s.r.o.	CZECH REPUBLIC
Allianz Leasing & Services JSC	BULGARIA
Allianz Leben Private Equity Fonds 1998 GmbH	GERMANY
Allianz Leben Private Equity Fonds 2001 GmbH	GERMANY
Allianz Leben Private Equity Fonds 2008 GmbH	GERMANY
Allianz Leben Private Equity Fonds Plus GmbH	GERMANY
Allianz LEBENCO Fonds	GERMANY
Allianz Lebensversicherungs-Aktiengesellschaft	GERMANY
Allianz Life & Annuity Company	UNITED STATES
Allianz Life (BERMUDA) LTD.	BERMUDA
Allianz Life Financial Services LLC	UNITED STATES
Allianz Life Insurance Co. Ltd.	KOREA, REPUBLIC OF
Allianz Life Insurance Company of New York	UNITED STATES
Allianz Life Insurance Company of North America	UNITED STATES
Allianz Life Insurance Japan Ltd.	JAPAN
Allianz Life Insurance Lanka Ltd.	SRI LANKA
Allianz Life Insurance Malaysia Berhad p.l.c.	MALAYSIA
Allianz Life Luxembourg S.A.	LUXEMBOURG
Allianz Life Moskau	RUSSIAN FEDERATION
Allianz Malaysia Berhad p.l.c.	MALAYSIA
Allianz Management Services Limited	UNITED KINGDOM
Allianz Marine (UK) Ltd.	UNITED KINGDOM
Allianz Mena Holding Bermuda	LEBANON
Allianz Mena Holding Co. SPC	BAHRAIN
Allianz México S.A. Compañía de Seguros	MEXICO
Allianz Money Market Fund (Hungary)	HUNGARY
Allianz Nederland Administratie B.V.	NETHERLANDS
Allianz Nederland Asset Management B.V.	NETHERLANDS
Allianz Nederland Groep N.V.	NETHERLANDS
Allianz Nederland Levensverzekering N.V.	NETHERLANDS
Allianz Nederland Schadeverzekering N.V.	NETHERLANDS
Allianz New Europe Holding GmbH	AUSTRIA
Allianz New Zealand Limited	NEW ZEALAND
Allianz Northern Ireland Limited	UNITED KINGDOM
Allianz Objektbeteiligungs- GmbH	GERMANY
Allianz Obligations	FRANCE
Allianz of America Corporation	UNITED STATES
Allianz of America Inc.	UNITED STATES
Allianz of Asia-Pacific and Africa GmbH	GERMANY
Allianz of South Africa (Proprietary) Ltd.	SOUTH AFRICA
Allianz P.E.P Europa 1	ITALY
Allianz P.E.P Europa 2	ITALY
Allianz p.l.c.	IRELAND
Allianz PacLife Partners LLC	UNITED STATES

9

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz Pension Consult GmbH	GERMANY
Allianz Pension Fund Trustees Ltd.	UNITED KINGDOM
Allianz Pension Partners GmbH	GERMANY
Allianz Pensionsfonds Aktiengesellschaft	GERMANY
Allianz Pensionskasse Aktiengesellschaft	AUSTRIA
Allianz Pensionskasse Aktiengesellschaft	GERMANY
Allianz penzijní fond a.s.	CZECH REPUBLIC
Allianz Pimco Corporate LH	AUSTRIA
Allianz Pimco Mortgage LH	AUSTRIA
Allianz pojistovna a.s.	CZECH REPUBLIC
Allianz Polska Services Sp. z o.o.	POLAND
Allianz Private Equity GmbH	GERMANY
ALLIANZ PRIVATE EQUITY PARTNERS EUROPA III	ITALY
Allianz Private Equity Partners GmbH	GERMANY
Allianz Private Equity Partners Inc.	UNITED STATES
Allianz Private Equity Partners Verwaltungs GmbH	GERMANY
Allianz Private Equity UK Holdings Limited	UNITED KINGDOM
Allianz Private Krankenversicherungs-Aktiengesellschaft	GERMANY
Allianz ProzessFinanz GmbH	GERMANY
Allianz PV WS Fonds	GERMANY
Allianz PV-RD Fonds	GERMANY
Allianz RCM Best Styles Euroland	GERMANY
Allianz RCM Islamic Global Emerging Markets Equity	LUXEMBOURG
Allianz RCM Islamic Global Equity Opportunities	LUXEMBOURG
Allianz RCM U.S. EQ	FRANCE
Allianz RCM U.S. EQ WT	FRANCE
Allianz Re Dublin Limited	IRELAND
Allianz Real Estate	FRANCE
Allianz Real Estate Germany GmbH	GERMANY
Allianz Real Estate GmbH	GERMANY
Allianz Rechtsschutz-Service GmbH	GERMANY
Allianz Renewable Energy Management GmbH	GERMANY
Allianz Renewable Energy Partners	GERMANY
Allianz Renewable Energy Subholding GmbH & Co.KG	GERMANY
Allianz reosiguranje d.d.	CROATIA (local name: Hrvatska)
Allianz Risk Audit	RUSSIAN FEDERATION
Allianz Risk Consultants B.V.	NETHERLANDS
Allianz Risk Consultants Inc.	UNITED STATES
Allianz Risk Transfer (Bermuda) Ltd.	BERMUDA
Allianz Risk Transfer (UK) Limited	UNITED KINGDOM
Allianz Risk Transfer AG	SWITZERLAND
Allianz Risk Transfer Inc.	UNITED STATES
Allianz Risk Transfer N.V.	NETHERLANDS
Allianz Rosno Asset Management	RUSSIAN FEDERATION
Allianz S.A. A.S. Agencia de Seguros	SPAIN
Allianz S.A. de C.V.	MEXICO
Allianz S.p.A.	ITALY

10

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz Service Center GmbH	GERMANY
Allianz Services (UK) Limited	UNITED KINGDOM
Allianz Servicios Técnicos A.I.E.	SPAIN
Allianz Shared Infrastructure Services SE	GERMANY
Allianz Sigorta AS	TURKEY
Allianz SIN Fonds	GERMANY
Allianz SNA Sal	LEBANON
ALLIANZ Sociedade Gestora de Fundos de Pensões SA.	PORTUGAL
Allianz Société Financiére S.à.r.l.	LUXEMBOURG
Allianz South America Holding B.V.	NETHERLANDS
Allianz Specialised Investments Limited	UNITED KINGDOM
ALLIANZ SUBALPINA HOLDING S.p.A.	ITALY
Allianz Suisse Flexible Fund	SWITZERLAND
Allianz Suisse Immobilien AG	SWITZERLAND
Allianz Suisse Lebensversicherungs-Gesellschaft AG	SWITZERLAND
Allianz Suisse Personal Financial Services AG	SWITZERLAND
Allianz Suisse Rückversicherungs AG	SWITZERLAND
Allianz Suisse Versicherungs-Gesellschaft	SWITZERLAND
Allianz Tactical	FRANCE
Allianz Taiwan Life Insurance Co. Ltd.	TAIWAN
Allianz Takaful	BAHRAIN
Allianz Taunusanlage GbR	GERMANY
Allianz Tiriac Asigurari SA	ROMANIA
Allianz Treuhand GmbH	GERMANY
Allianz Ukraine LLC	UKRAINE
Allianz Underwriters Insurance Company	UNITED STATES
Allianz U.S. Investment GP LLC	UNITED STATES
Allianz U.S. Investment LP	UNITED STATES
Allianz Venture Partners Beteiligungs-GmbH	GERMANY
Allianz Versicherungs-Aktiengesellschaft	GERMANY
Allianz VKA Fonds	GERMANY
Allianz VKRD-Fonds	GERMANY
Allianz VLBR-Fonds	GERMANY
Allianz VSR Fonds	GERMANY
Allianz VVB Fonds	GERMANY
Allianz Worldwide Care Ltd.	IRELAND
Allianz Zagreb d.d.	CROATIA (local name: Hrvatska)
Allianz ZB d.o.o. Company for the Management of an Obligatory Pension Fund	CROATIA (local name: Hrvatska)
Allianz ZB d.o.o. company of the management of voluntary pension funds	CROATIA (local name: Hrvatska)
Allianz_ALD_Fonds	GERMANY
Allianz_ALIK_Fonds	GERMANY
Allianz_AVI_1 Fonds	GERMANY
Allianz_AVM_B_Fonds	GERMANY
Allianz_DGD_Fonds	GERMANY
Allianz_FAD_Fonds	GERMANY
Allianz_FRD_Fonds	GERMANY

11

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Allianz_Invest_10 Division S/U	AUSTRIA
Allianz_Invest_11 Division Leben/Kranken	AUSTRIA
Allianz_Invest_12 Division Leben/Kranken	AUSTRIA
Allianz_Invest_Spezial_2	AUSTRIA
Allianz_Invest_Spezial_3	AUSTRIA
Allianz_LAD_Fonds	GERMANY
Allianz_LFE_Fonds	GERMANY
Allianz_LRD_Fonds	GERMANY
Allianz_PV_1_Fonds	GERMANY
Allianz_RFG_Fonds	GERMANY
Allianz_RMO_1_Fonds	GERMANY
Allianz_SDR_Fonds	GERMANY
Allianz_SOA_Fonds	GERMANY
Allianz_SWAG_Fonds	GERMANY
Allianz_SysFI_Fonds (SysFI)	GERMANY
Allianz_UGD_1_Fonds (UPR)	GERMANY
Allianz_VAD_Fonds	GERMANY
Allianz_VAE_Fonds	GERMANY
Allianz_VGI_1_Fonds (UPR)	GERMANY
Allianz_VGL_Fonds	GERMANY
Allianz-dit FinanzPlan 2020	LUXEMBOURG
Allianz-dit FinanzPlan 2025	LUXEMBOURG
Allianz-dit FinanzPlan 2030	LUXEMBOURG
Allianz-dit FinanzPlan 2035	LUXEMBOURG
Allianz-dit FinanzPlan 2040	LUXEMBOURG
Allianz-dit FinanzPlan 2045	LUXEMBOURG
Allianz-dit FinanzPlan 2050	LUXEMBOURG
Allianz-Slovenská DSS a.s.	SLOVAKIA (Slovak Republic)
Allianz-Slovenská poist’ovna a.s.	SLOVAKIA (Slovak Republic)
ALLIANZ-TIRIAC ADM PENSII	ROMANIA
AllSecur B.V.	NETHERLANDS
Almeda LLC	RUSSIAN FEDERATION
Alternative Holding Partenaires	UNITED KINGDOM
Am Anger Immobilienverwaltungs-GmbH	GERMANY
Am Anger Verwaltungs-GmbH & Co. KG	GERMANY
Amaya Compania de Seguros y Reaseguros S.A.	SPAIN
American Automobile Insurance Company	UNITED STATES
American Financial Marketing Inc.	UNITED STATES
American Standard Lloyd’s Insurance Company	UNITED STATES
Ann Arbor Annuity Exchange Inc.	UNITED STATES
Antoniana Veneta Popolare Assicurazioni S.p.A.	ITALY
Antoniana Veneta Popolare Vita S. p. A.	ITALY
Approfrais SA	FRANCE
Arab Gulf Health Services	LEBANON
Arcalis	FRANCE
Arcalis 22	FRANCE
Arcalis 23	FRANCE
Arcalis 24	FRANCE
Arcalis 28	FRANCE

12

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Arcalis Assur 5	FRANCE
Arcalis UN	FRANCE
Ariondaz SAS	FRANCE
Arlon Properties S.A.	LUXEMBOURG
ARSA B.V.	NETHERLANDS
ART Asset Management LLC	UNITED STATES
AS Selecta s.r.o.	SLOVAKIA (Slovak Republic)
Aseguradora Colseguros S.A.	COLOMBIA
Aseguradora de Vida Colseguros S.A. (Salud)	COLOMBIA
Aspley AVT Pty Limited	AUSTRALIA
ASREX	FRANCE
ASSISTANCE AND SERVICES CORPORATION OF IRELAND “A.S.C.I.”	IRELAND
Assistance Courtage d’Assurance et de Réassurance S.A.	FRANCE
Associated Indemnity Corporation	UNITED STATES
Assurance Vie et Prévoyance (AVIP) SA	FRANCE
Assurances Fédérales BV	FRANCE
Assurances Générales de France	FRANCE
Assurances Générales de France IART S.A.	FRANCE
Assurances Générales de France Vie S.A.	FRANCE
Assurances Générales du Laos Ltd.	LAO PEOPLE’S DEMOCRATIC REPUBLIC
Astormed CJSC	RUSSIAN FEDERATION
Athéna	FRANCE
Athena Actions Monde	FRANCE
Athena Alter Holdings	FRANCE
Athena Euro Actions	FRANCE
Athena Europe Conv	FRANCE
Athena Europe Obligations	FRANCE
Athena Finance Oblig	FRANCE
Athena Foncier	FRANCE
Athena Interfonds	FRANCE
Athena Multijapon !	FRANCE
Athena Nouveau March	FRANCE
Athéna Obligations	FRANCE
Atrium SAS	FRANCE
Atropos Vermögensverwaltungsgesellschaft mbH	GERMANY
Auros GmbH	GERMANY
Automaty Servis Selecta Sro	CZECH REPUBLIC
AVIP ACTIONS 100	FRANCE
AVIP ACTIONS 60	FRANCE
AVIP PERFORMANCE 80	FRANCE
AVIP TOP 300	FRANCE
AVIP TOP CROISSANCE	FRANCE
AVIP TOP DEFENSIF	FRANCE
AVIP TOP HARMONIE	FRANCE
Axioma Insurance (Cyprus) Ltd.	CYPRUS
AZ AAAM GLOBAL ALTERNATIVE STR	ITALY
AZ SERVISNI CENTAR d.o.o.	CROATIA (local name: Hrvatska)

13

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
AZ-Arges Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 14 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 22 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 39 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 41 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 44 Vermögensverwaltungsgesellschaft mbH & Co. KG	GERMANY
AZ-Argos 45 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 46 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 47 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 49 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Argos 50 Vermögensverwaltungsgesellschaft mbH & Co. KG	GERMANY
AZ-Argos 51 Vermögensverwaltungsgesellschaft mbH & Co. KG	GERMANY
AZ-Argos 6 Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-Asopos Vermögensverwaltungsgesellschaft OHG	GERMANY
AZb ST FI Institucional Renda Fixa	BRAZIL
AZb ST Institucional Plus II Renda Fixa FI	BRAZIL
AZ-GARI Vermögensverwaltungsgesellschaft mbH & Co. KG	GERMANY
AZL AI Nr. 1 GmbH	GERMANY
AZL AI Nr. 2 SARL	LUXEMBOURG
AZL PE Nr. 1 GmbH	GERMANY
AZL PF Investments Inc.	UNITED STATES
AZL-DRB Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-MPS Beteiligungsgesellschaft mbH & Co. KG	GERMANY
AZS-Arges Vermögensverwaltungsgesellschaft mbH	GERMANY
AZ-SGD Private Equity Fonds GmbH	GERMANY
AZT Automotive GmbH	GERMANY
AZT Risk & Technology GmbH	GERMANY
Baladau	FRANCE
Bankhaus W. Fortmann & Söhne KG	GERMANY
Banque AGF S.A.	FRANCE
Barrington II CDO Ltd.	CAYMAN ISLANDS
Barrington II LLC	UNITED STATES
BAWAG Allianz Mitarbeitervorsorgekasse AG	AUSTRIA
BCA Betriebs Catering GmbH Verpflegungsdienste	GERMANY
Beethoven Funding Corporation	UNITED STATES
BERGA Grundstücks-Verwaltungsgesellschaft mbH & Co. KG	GERMANY
Bernese Assicurazioni Compagnia Italo Svizzera di Assicurazioni S.p.A.	ITALY
Bernese Vita S.p.A. Roma	ITALY
BFC Berliner Film Companie Beteiligungsgesellschaft mbH	GERMANY
BFC Berliner Film Companie Productions GmbH	GERMANY
BFC Berliner Film Companie Studio GmbH	GERMANY
BIC	BRAZIL

14

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Bilan Services S.N.C.	FRANCE
Bishop Finance Inc.	UNITED STATES
Björn-Steiger-Stiftung Service GmbH	GERMANY
Blikman & Sartorius B.V.	NETHERLANDS
BMM AUDACE	FRANCE
BMM HARMONIE	FRANCE
Borgo San Felice S.r.l.	ITALY
Borromeo Finance SRL	ITALY
Borrowdale Nominees Limited	UNITED KINGDOM
Bosphorus Finance Limited	UNITED KINGDOM
Botanic Building S.P.R.L.	BELGIUM
Bridge Re Limited	UNITED STATES
British Reserve Insurance Co. Ltd.	UNITED KINGDOM
Bulgaria Net Co. Ltd.	BULGARIA
Bureau d’Expertises Despretz S.A.	BELGIUM
Bürgel Beteiligungs GmbH	GERMANY
Bürgel Erfurt Beteiligungsgesellschaft mbH	GERMANY
Bürgel Erfurt GmbH & Co. KG	GERMANY
Bürgel Internationale Inkassogesellschaft GmbH	GERMANY
Bürgel Wirtschaftsinformationen GmbH & Co. KG	GERMANY
Bürgel Wirtschaftsinformationen Hamburg GmbH	GERMANY
Bürgel Wirtschaftsinformationen Vertriebsges. mbH & Co. KG	GERMANY
Bürgel Wirtschaftsinformationen Verwaltungs-GmbH	GERMANY
BURLCO p.l.c.	IRELAND
business lounge GmbH	AUSTRIA
Bx3 S.r.l.	ITALY
Cadence Capital Mangement Inc.	UNITED STATES
Calypso S.A.	FRANCE
Camat	FRANCE
CAP Rechtsschutz-Versicherungsgesellschaft AG	SWITZERLAND
CAPEX	FRANCE
Carene	FRANCE
Casas del Toqui S.A.	CHILE
Caywood-Scholl Capital Management LLC	UNITED STATES
CCA	FRANCE
Cédulas Colón de Capitalización Colseguros S.A.	COLOMBIA
Challenging Financial Careers Insurance Marketing Corp.	UNITED STATES
Château Larose Trintaudon S.A.	FRANCE
Chess Finance LLC	UNITED STATES
Chicago Insurance Company	UNITED STATES
CIC Allianz Insurance Ltd.	AUSTRALIA
Clark Risk Management BV	NETHERLANDS
Classic I Netherlands Limited	NETHERLANDS
Club Marine Limited	AUSTRALIA
Codinf Services	FRANCE
Cogar	FRANCE
Commerce Assurance Bhd.	MALAYSIA

15

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Compagnie de Gestion et Prevoyance	FRANCE
Compagnie Financière pour la Réalisation d’Operations Immobilières S. A. COFIDIM	FRANCE
Companhia de Seguros Allianz Portugal S.A.	PORTUGAL
Compania Colombiana de Inversion Colseguros S.A..	COLOMBIA
Compañía Colombiana de Servicio Automotriz S.A.	COLOMBIA
Coparc	FRANCE
Cornhill Investment Properties (Reigate) Ltd.	UNITED KINGDOM
Cornhill Solutions Limited	UNITED KINGDOM
Cornhill Trustee (Guernsey) Ltd.	UNITED KINGDOM
Corporate Directors (No. 1) Limited	UNITED KINGDOM
Corporate Directors (No. 2) Limited	UNITED KINGDOM
Corporate Secretaries (Jersey) Limited	UNITED KINGDOM
Corporate Services (GUERNSEY) Limited	UNITED KINGDOM
Corsetec	BRAZIL
COTINCO Consultora Técnica Industrial y Comercial S.A.	MEXICO
Crédito Argentino Germánico S.A.	ARGENTINA
Crédito Germánico S.A.	URUGUAY
CreditRas Assicurazioni S.p.A.	ITALY
CreditRas Vita S.p.A.	ITALY
CS Theoreme	FRANCE
DARTA SAVING LIFE ASSURANCE LTD.	IRELAND
DBI Insurance Company Ltd.	UNITED KINGDOM
dbi-BSK Rentenfonds	GERMANY
dbi-BSK Rentenfonds Plus	GERMANY
DBI-FONDS ADPF1	GERMANY
DBI-FONDS ADPF2	GERMANY
dbi-Fonds DAV	GERMANY
DDS Dresdner Direktservice GmbH	GERMANY
De Vries & Co. B. V.	NETHERLANDS
Dealis Fund Operations GmbH	GERMANY
Delaware Valley Financial Services LLC	UNITED STATES
Delta Technical Services Ltd.	UNITED KINGDOM
Deutsche Außenhandels-Gesellschaft mbH	GERMANY
Deutsche Lebensversicherungs-Aktiengesellschaft	GERMANY
DIT-Garantie Plus 2012	GERMANY
DIT-Protect Global Winner 2014	GERMANY
DKNA Phoenix LLC	UNITED STATES
Donator Beteiligungsverwaltung GmbH	GERMANY
Doradztwo Gospodarcze Spolka Akcyjna	POLAND
DreCo Erste Beteiligungs GmbH	GERMANY
Dreiundzwanzigste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Dresdner Advisors LLC	UNITED STATES
Dresdner Bank (DIFC) Limited	UNITED ARAB EMIRATES
Dresdner Bank (Schweiz) AG	SWITZERLAND
Dresdner Bank Aktiengesellschaft	GERMANY
Dresdner Bank Brasil S.A. Banco Múltiplo	BRAZIL

16

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Dresdner Bank Gestions France S. A. S.	FRANCE
Dresdner Bank Luxembourg S. A.	LUXEMBOURG
Dresdner Bank Monaco	MONACO
Dresdner Bank Representações Ltda.	BRAZIL
Dresdner Bank ZAO	RUSSIAN FEDERATION
Dresdner Capital LLC I	UNITED STATES
Dresdner Capital LLC II	UNITED STATES
Dresdner Capital LLC III	UNITED STATES
Dresdner Capital LLC IV	UNITED STATES
Dresdner Corporate Finance GmbH i. L.	GERMANY
Dresdner Finance 1 S.à.r.l.	LUXEMBOURG
Dresdner Finance 2 S.a.r.l	LUXEMBOURG
Dresdner Finance B.V.	NETHERLANDS
Dresdner Finanzberatungsgesellschaft mbH	GERMANY
Dresdner Finanziaria S.p.A.	ITALY
Dresdner Holding B.V.	NETHERLANDS
Dresdner Investments (UK) Limited	UNITED KINGDOM
Dresdner Kleinwort—Grantchester Inc.	UNITED STATES
Dresdner Kleinwort & Co. Holdings Inc.	UNITED STATES
Dresdner Kleinwort (China) Ltd.	HONG KONG
Dresdner Kleinwort (Drc) Limited	UNITED KINGDOM
Dresdner Kleinwort (Hong Kong) Limited	HONG KONG
Dresdner Kleinwort (Japan) Limited	HONG KONG
Dresdner Kleinwort (Lbdp) Holdings Limited	UNITED KINGDOM
Dresdner Kleinwort (Lbdp) Limited	UNITED KINGDOM
Dresdner Kleinwort (Services) Inc.	PANAMA
Dresdner Kleinwort Benson Private Equity Partners LP	UNITED STATES
Dresdner Kleinwort Beteiligungs-Gesellschaft mbH	GERMANY
Dresdner Kleinwort Capital Beratungs GmbH	GERMANY
Dresdner Kleinwort Capital Inc.	UNITED STATES
Dresdner Kleinwort Capital Investment Company Limited	UNITED KINGDOM
Dresdner Kleinwort Capital Investment Trust Limited	UNITED KINGDOM
Dresdner Kleinwort Capital Italia Beteiligungsverwaltung GmbH	GERMANY
Dresdner Kleinwort Capital Jersey Ltd	UNITED KINGDOM
Dresdner Kleinwort Capital LLC	UNITED STATES
Dresdner Kleinwort Capital Ventures Management Limited	UNITED KINGDOM
Dresdner Kleinwort Derivative Investments Limited	UNITED KINGDOM
Dresdner Kleinwort EIV Manager Inc.	UNITED STATES
Dresdner Kleinwort Equipment Finance Limited	UNITED KINGDOM
Dresdner Kleinwort Equipment LLC	UNITED STATES
Dresdner Kleinwort Finance BV	NETHERLANDS
Dresdner Kleinwort Finance EURL	FRANCE
Dresdner Kleinwort Finance Inc.	UNITED STATES
Dresdner Kleinwort Flags Inc.	UNITED STATES
Dresdner Kleinwort France SAS	FRANCE
Dresdner Kleinwort Group Holdings LLC	UNITED STATES

17

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Dresdner Kleinwort Group Limited	UNITED KINGDOM
Dresdner Kleinwort Group LLC	UNITED STATES
Dresdner Kleinwort Holdings I Inc.	UNITED STATES
Dresdner Kleinwort Holdings II Inc.	UNITED STATES
Dresdner Kleinwort Holdings LLC	UNITED STATES
Dresdner Kleinwort Leasing (Guernsey) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (1) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (10)	UNITED KINGDOM
Dresdner Kleinwort Leasing December (11)	UNITED KINGDOM
Dresdner Kleinwort Leasing December (12) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (13) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (15) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (16) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (2) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (3) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (4) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (6) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (7) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (8) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing December (9) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing Holdings Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing Inc.	UNITED STATES
Dresdner Kleinwort Leasing Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing March (2) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing March (3) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing September (5) Limited	UNITED KINGDOM
Dresdner Kleinwort Leasing September (6) Limited	UNITED KINGDOM
Dresdner Kleinwort Limited	UNITED KINGDOM
Dresdner Kleinwort LLC	UNITED STATES
Dresdner Kleinwort Luminary Inc.	UNITED STATES
Dresdner Kleinwort Metals Limited	UNITED KINGDOM
Dresdner Kleinwort Moon LLC	UNITED STATES
Dresdner Kleinwort Online Ventures Limited	UNITED KINGDOM
Dresdner Kleinwort Overseas Employees Limited	UNITED KINGDOM
Dresdner Kleinwort Overseas Holdings plc	UNITED KINGDOM
Dresdner Kleinwort Partnership 2001 Ltd	UNITED KINGDOM
Dresdner Kleinwort Pfandbriefe Investments II Inc.	UNITED STATES
Dresdner Kleinwort Pfandbriefe Investments Inc.	UNITED STATES
Dresdner Kleinwort Property Management & Services Limited	UNITED KINGDOM
Dresdner Kleinwort Research GmbH	GERMANY
Dresdner Kleinwort Securities (Asia) Holdings Ltd.	HONG KONG
Dresdner Kleinwort Securities (Asia) Limited	HONG KONG
Dresdner Kleinwort Securities France S. A.	FRANCE
Dresdner Kleinwort Securities LLC	UNITED STATES
Dresdner Kleinwort Securities Ltd	UNITED KINGDOM
Dresdner Kleinwort Securities Nominees Limited	UNITED KINGDOM
Dresdner Kleinwort Services (Guernsey) Limited	UNITED KINGDOM
Dresdner Kleinwort Services LLC	UNITED STATES

18

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Dresdner Kleinwort Servicios y Asesorias Ltda.	CHILE
Dresdner Kleinwort Sponsoring GmbH	GERMANY
Dresdner Kleinwort Stripes LLC; Wilmington	UNITED STATES
Dresdner Kleinwort Trading Holdings LLC	UNITED STATES
Dresdner Kleinwort Wasserstein (Argentina) S.A.	BRAZIL
Dresdner Kleinwort Wasserstein (South East Asia) Ltd.	THAILAND
Dresdner Kleinwort Wasserstein do Brasil s/c Ltda.	BRAZIL
Dresdner Kleinwort Wasserstein Securities (India) Private Limited	INDIA
Dresdner Kleinwort Wasserstein sp.z.o.o.	POLAND
Dresdner Lateinamerika Aktiengesellschaft	GERMANY
Dresdner Leasing 1 S.àr.l.	LUXEMBOURG
Dresdner Leasing 2 S.àr.l.	LUXEMBOURG
Dresdner Leasing 4 S.à.r.l.	LUXEMBOURG
Dresdner Leasing 5 S.à.r.l.	LUXEMBOURG
Dresdner Leasing 6 S.à.r.l.	LUXEMBOURG
Dresdner Leasing 7 S.a.r.l	LUXEMBOURG
Dresdner Leasing 8 S.a.r.l	LUXEMBOURG
Dresdner Mezzanine GmbH & Co. KG	GERMANY
Dresdner Mezzanine Verwaltungs-GmbH	GERMANY
Dresdner Private Placement GmbH	GERMANY
Dresdner RCM Global Investors (Jersey) Ltd	UNITED KINGDOM
Dresdner RCM Monetaire	FRANCE
Dresdner Stiftungstreuhand GmbH	GERMANY
Dresdner Structured Products S.A.	LUXEMBOURG
Dresdner U.S. Finance Inc.	UNITED STATES
Dresdner UK Investments 2 B.V.	NETHERLANDS
Dresdner UK Investments N.V.	NETHERLANDS
Dresdner Van Moer Courtens S.A.	BELGIUM
Dresdner Versicherung GmbH	GERMANY
Dresdner VPV N.V.	NETHERLANDS
Dritte SIB Beteiligungs-Aktiengesellschaft	GERMANY
EF Solutions LLC	UNITED STATES
EH Sigorta Anonim Sirketi	TURKEY
Einunddreißigste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
Elco Leasing Limited	UNITED KINGDOM
ELF Technologies Limited	IRELAND
ELVIA Assistance Kft. (Ltd)	HUNGARY
ELVIA Inc	UNITED STATES
ELVIA Reiseversicherungs-Gesellschaft AG	SWITZERLAND
ELVIA Travel Insurance International N.V.	NETHERLANDS
Emerald Global Inv.	FRANCE
Energy Insurance Company Ltd.	BULGARIA
EP Euro-Projektentwicklungs GmbH & Co. Objekt 1 KG	GERMANY
EP Euro-Projektentwicklungs GmbH & Co. Objekt Am Markt Chemnitz KG	GERMANY

19

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
EP Euro-Projektentwicklungs GmbH & Co. Objekt Friedrichstadt-Passagen KG	GERMANY
EP Euro-Projektentwicklungs GmbH & Co. Objekt Köln-Porz KG	GERMANY
EP Euro-Projektentwicklungs-Verwaltungs GmbH	GERMANY
Ephesus Finance Limited	UNITED KINGDOM
Erste DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
esa “EuroShip” Assekuradeurgesellschaft mbH	GERMANY
ESA Cargo & Logistics GmbH	GERMANY
ETI First Source Limited	UNITED KINGDOM
ETI Australia Pty Ltd.	AUSTRALIA
ETI International Limited	UNITED KINGDOM
ETI Property Limited	UNITED KINGDOM
ETI Sales Limited	UNITED KINGDOM
Euler & Hermes International Ltd.	UNITED KINGDOM
Euler Agent Limited	UNITED KINGDOM
Euler do Brasil Seguros Exportacao	BRAZIL
Euler Gestion	FRANCE
Euler Hermes ACI Holding	UNITED STATES
Euler Hermes ACI Inc.	UNITED STATES
Euler Hermes ACI Services LLP	UNITED STATES
Euler Hermes ACMAR Services	MOROCCO
EULER HERMES ARGENTINA	ARGENTINA
Euler Hermes Cashflow Solutions Limited	UNITED KINGDOM
Euler Hermes Cescob Service s.r.o.	CZECH REPUBLIC
Euler Hermes Cescob uverová pojistovna a.s.	CZECH REPUBLIC
Euler Hermes Collections UK Limited	UNITED KINGDOM
Euler Hermes Colombia	COLOMBIA
EULER HERMES CREDIT INSURANCE AGENCY (S) PTE. LTD.	SINGAPORE
EULER HERMES CREDIT INSURANCE BELGIUM S.A.	BELGIUM
Euler Hermes Credit Management Services Ireland Ltd.	IRELAND
Euler Hermes Credit Services (JP) Ltd.	JAPAN
Euler Hermes Credit Underwriters Hong Kong Ltd.	CHINA
Euler Hermes Crédito Compañía de Seguros y Reaseguros S.A.	SPAIN
EULER HERMES EMPORIKI SA	GREECE
EULER HERMES EMPORIKI Services Ltd.	GREECE
Euler Hermes Forderungsmanagement GmbH	GERMANY
Euler Hermes Guarantee plc.	UNITED KINGDOM
Euler Hermes Holdings UK plc	UNITED KINGDOM
Euler Hermes Information Consulting (Shanghai) Co. Ltd.	CHINA
Euler Hermes Interborg N.V.	NETHERLANDS
Euler Hermes Kozinska Mierzejewska—Kancelaria Prawna Sp.k.	POLAND
Euler Hermes Kreditförsäkring Norden AB	SWEDEN
Euler Hermes Kreditversicherungs-Aktiengesellschaft	GERMANY

20

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Euler Hermes Kreditverzekering N.V.	NETHERLANDS
Euler Hermes Magyar Hitelbiztosító Rt.	HUNGARY
Euler Hermes Magyar Követeleskezelö Kft.	HUNGARY
Euler Hermes Management Services UK Ltd.	UNITED KINGDOM
Euler Hermes Management UK Limited	UNITED KINGDOM
Euler Hermes Netherlands	NETHERLANDS
Euler Hermes Rating GmbH	GERMANY
Euler Hermes Réinsurance	SWITZERLAND
Euler Hermes Risk Services UK Limited	UNITED KINGDOM
EULER HERMES RISK YÖNETIMI	TURKEY
Euler Hermes S.A.	FRANCE
Euler Hermes Seguros de Crédito S.A.	BRAZIL
Euler Hermes Seguros de Crédito S.A.	MEXICO
Euler Hermes Service AB	SWEDEN
Euler Hermes Services (HK) Limited	HONG KONG
Euler Hermes Services AG	SWITZERLAND
Euler Hermes Services B.V.	NETHERLANDS
Euler Hermes Services Baltic UAB	LITHUANIA
Euler Hermes Services Belgium S.A.	BELGIUM
Euler Hermes Services Estonia OÜ	ESTONIA
Euler Hermes Services India Privat Limited	INDIA
Euler Hermes Services Latvija SIA	LATVIA
Euler Hermes Services S.A.S.	FRANCE
Euler Hermes Servicii Financiare S.R.L.	ROMANIA
Euler Hermes Servicios de Crédito S.L.	SPAIN
Euler Hermes Servicios S.A.	MEXICO
Euler Hermes Servicos Ltda	BRAZIL
Euler Hermes Servis s.r.o.	SLOVAKIA (Slovak Republic)
Euler Hermes SFAC Crédit S.A.S.	FRANCE
Euler Hermes SFAC Recouvrement S.A.S.	FRANCE
Euler Hermes SFAC S.A.	FRANCE
Euler Hermes SIAC S.p.A.	ITALY
Euler Hermes Trade Credit Limited	NEW ZEALAND
Euler Hermes Trade Credit Underwriting Agents	AUSTRALIA
Euler Hermes UK plc	UNITED KINGDOM
Euler Hermes UMA	UNITED STATES
Euler Hermes World Agency SASU	FRANCE
Euler Hermes Zarzadzanie Ryzkiem Sp. z o.o.	POLAND
Euler Incorporation Inc.	UNITED STATES
Euler Re	LUXEMBOURG
Euler SFAC Asset Management	FRANCE
Euler Tech	FRANCE
Eurl 20/22 Le Peletier	FRANCE
EURO GESTION	FRANCE
EUROGRAFICA Systemplanungs-GmbH	GERMANY
European Credit Underwriters Limited	UNITED KINGDOM
European Properties Inc.	UNITED KINGDOM
European Venture Partners (General Partner) Ltd	UNITED KINGDOM
European Venture Partners (Holdings) Ltd	UNITED KINGDOM

21

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
European Venture Partners (Israel) Limited	UNITED KINGDOM
European Venture Partners Ltd	UNITED KINGDOM
EURO-Pro Gesellschaft für Data Processing mbH	GERMANY
Eurovida S.A. Compañía de Seguros y Reaseguros	SPAIN
F Jupiter SAS	FRANCE
FAF Inc.	CAYMAN ISLANDS
FAI Allianz Ltd	AUSTRALIA
Failure & Risk Consulting GmbH	GERMANY
FCPR Fregate	FRANCE
Felix Limited	CAYMAN ISLANDS
Fenchurch Fiduciares Limited	UNITED KINGDOM
Fenchurch Finance Limited	UNITED KINGDOM
Fenchurch International Holdings Limited	UNITED KINGDOM
Fenchurch Nominees (SINGAPORE) pte Limited	SINGAPORE
Fenchurch Nominees Limited	UNITED KINGDOM
Fenchurch Nominees Limited	UNITED KINGDOM
Fenchurch Trust Limited	UNITED KINGDOM
Fendrake Limited	UNITED KINGDOM
Fenix Directo Compania de Seguros y Reaseguros S.A.	SPAIN
FFIC County Mutual Insurance Company	UNITED STATES
Fiduciaria Colseguros S.A.	COLOMBIA
Financiere AGF	FRANCE
Finanztrust AG	GERMANY
Fireman’s Fund Financial Services	UNITED STATES
Fireman’s Fund Indemnity Corporation	UNITED STATES
Fireman’s Fund Insurance Company	UNITED STATES
Fireman’s Fund Insurance Company of Bermuda	BERMUDA
Fireman’s Fund Insurance Company of Hawaii Inc.	UNITED STATES
Fireman’s Fund Insurance Company of Louisiana	UNITED STATES
Fireman’s Fund Insurance Company of Ohio	UNITED STATES
First Call Direct Limited	IRELAND
First Rate Direct Limited	UNITED KINGDOM
Fitrust Fiduciaire et Trustee SA	SWITZERLAND
FLORALIS	FRANCE
FRAGONARD ASSURANCE	FRANCE
Frank Nominees Limited	UNITED KINGDOM
Franke & Partners Pensioenadvies en Vermogensbeheer B. V	NETHERLANDS
Frey printcom GmbH	GERMANY
Fundatia Allianz pentru Romania	ROMANIA
G.I.T. Uniphénix	FRANCE
Gaipare Action	FRANCE
Gaipare Diffusion	FRANCE
GamePlan Financial Marketing LLC	UNITED STATES
Gamma-Vermögensverwaltungsgesellschaft mbH	GERMANY
GE.SI Gestione Sistemi Informatici S.p.c.A.	ITALY
General Leasing (No.16) Limited	UNITED KINGDOM
Generali Investissement (C)	FRANCE
Generation Vie	FRANCE

22

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Genialloyd S.p.A.	ITALY
GENUJO LOK Beteiligungs GmbH	GERMANY
GENUJO Vierte Beteiligungs GmbH	GERMANY
German Real Estate Equity Fund I	GERMANY
Gesellschaft für Vorsorgeberatung	SWITZERLAND
Gestion Produits Dyn	FRANCE
Gestion Produits Str	FRANCE
GIE AZ Investment Management	FRANCE
GIE Dresdner Bank Gestions France	FRANCE
GIE Dresdner Kleinwort France	FRANCE
GIE Victoria Aéronautique	FRANCE
Global Transport & Automotive Insurance Solutions Pty Limited	AUSTRALIA
Go Express Distributione Automatica S.p.A.	ITALY
Gosman & Kraan B.V.	NETHERLANDS
GOUGH FABRICATIONS LIMITED	UNITED KINGDOM
grapho metronic Mess- und Regeltechnik GmbH	GERMANY
Greenway Infrastructure Capital PLC (GIC PLC)	UNITED KINGDOM
Greenway Infrastructure Fund (GIC Fund)	UNITED KINGDOM
Gresham Bond Fund	UNITED KINGDOM
Gresham Leasing March (1) Limited	UNITED KINGDOM
Gresham Leasing March (2) Limited	UNITED KINGDOM
Grundstücksgesellschaft der Vereinten Versicherungen mbH	GERMANY
Grundstücks-Gesellschaft mbH	GERMANY
GTS—GESTION DE TELESECURITE ET DE SERVICES S.A.	FRANCE
Guernsey Nominees Limited	UNITED KINGDOM
Hamudi S.A.	FRANCE
Hardy Beteiligungs-Gesellschaft mbH	GERMANY
Hauteville Insurance Company Limited	UNITED KINGDOM
Havelaar et Van Stolk B.V.	NETHERLANDS
HELVIASS Verzekeringen BV	NETHERLANDS
Heracles	FRANCE
Herradura Ltd	UNITED KINGDOM
Hilary Nominees Limited	UNITED KINGDOM
Histel Beteiligungs GmbH	GERMANY
HOLMES DROLLED LIMITED	UNITED KINGDOM
Home & Legacy (Holdings) Limited	UNITED KINGDOM
Home & Legacy Insurance Services Limited	UNITED KINGDOM
Home Management Inc.	BELIZE
Honeywell Grundbesitzverwaltungs-GmbH & Co Vermietungs-KG	GERMANY
Hungária Biztosító Számitástechnikai Kft. (Hungária EDV-Betriebsgesellschaft mbH)	HUNGARY
Hunter Premium Funding Ltd.	AUSTRALIA
Idilias SPC Inc.	CAYMAN ISLANDS
IDR Actions Euros	FRANCE
IDS GmbH—Analysis and Reporting Services	GERMANY

23

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Immovalor Gestion S.A.	FRANCE
Informatica Y Servicios Financieros S.A. (Insesa)	SPAIN
Infrastruktur Putlitz Ost GmbH	GERMANY
Infrastruktur Putlitz Ost II G	GERMANY
Insolvency Risk Insurance Services Limited	UNITED KINGDOM
Insolvency Risk Management Limited	UNITED KINGDOM
Insurance Company “Progress Garant”	RUSSIAN FEDERATION
Insurance Joint Stock Company “Allianz”	RUSSIAN FEDERATION
Intermediass S.r.l.	ITALY
International Film Guarantors LLC	UNITED STATES
International Film Guarantors Ltd.	UNITED KINGDOM
Interstate Fire & Casualty Company	UNITED STATES
Interstate Indemnity Company	UNITED STATES
INVCO SAS	FRANCE
Inveresk Stockholders Limited	UNITED KINGDOM
Inversiones Dresdner Kleinwort Chile Ltda.	CHILE
Investitori SGR S.p.a.	ITALY
ITEB B.V.	NETHERLANDS
Jefferson Insurance Company of N.Y.	UNITED STATES
Jota-Vermögensverwaltungsgesellschaft mbH	GERMANY
K2 (U.S.A) LLC	UNITED STATES
K2 Corporation	CAYMAN ISLANDS
Kaunos Finance Limited	UNITED KINGDOM
KB (C.I.) Nominees Limited	UNITED KINGDOM
KBEMF (GP) Limited	UNITED KINGDOM
KBIM General Nominees Limited	UNITED KINGDOM
KBIM Standby Nominees Limited	UNITED KINGDOM
KBPB Nominees Limited	UNITED KINGDOM
KEVA spol. s.r.o.	SLOVAKIA (Slovak Republic)
Kiinteistöoasakeyhtiö Eteläesplanadi 2	FINLAND
Kleinwort Benson (Canada) Limited	CANADA
Kleinwort Benson (Channel Islands) Business Services Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Corporate Services Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Investment Management Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Pension Trustees Limited	UNITED KINGDOM
Kleinwort Benson (Channel Islands) Trustees Limited	UNITED KINGDOM
Kleinwort Benson (Guernsey) Corporate Services Limited	UNITED KINGDOM
Kleinwort Benson (Guernsey) Limited	UNITED KINGDOM
Kleinwort Benson (Guernsey) Services Limited	UNITED KINGDOM
Kleinwort Benson (Guernsey) Trustees (1997) Limited	UNITED KINGDOM
Kleinwort Benson (Guernsey) Trustees Ltd.	UNITED KINGDOM
Kleinwort Benson (Hong Kong) Trustees Ltd.	HONG KONG
Kleinwort Benson (Jersey) Asset Managers Limited	UNITED KINGDOM

24

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Kleinwort Benson (Jersey) Fund Services Limited	UNITED KINGDOM
Kleinwort Benson (Jersey) Services Limited	UNITED KINGDOM
Kleinwort Benson (Jersey) Trustees (1997) Limited	UNITED KINGDOM
Kleinwort Benson (Jersey) Trustees Limited	UNITED KINGDOM
Kleinwort Benson (Switzerland) Trustees Ltd.	SWITZERLAND
Kleinwort Benson (UK) Trustees Limited	UNITED KINGDOM
Kleinwort Benson (U.S.A) Inc.	UNITED STATES
Kleinwort Benson Channel Islands Holdings Limited	UNITED KINGDOM
Kleinwort Benson Custodian Services Limited	UNITED KINGDOM
Kleinwort Benson Farmland Trust (Managers) Limited	UNITED KINGDOM
Kleinwort Benson Financial Services Limited	UNITED KINGDOM
Kleinwort Benson Gilts Limited	UNITED KINGDOM
Kleinwort Benson International Corporation Limited	UNITED KINGDOM
Kleinwort Benson International Trustees Limited	UNITED KINGDOM
Kleinwort Benson Pension Trustees Limited	UNITED KINGDOM
Kleinwort Benson Private Bank Limited	UNITED KINGDOM
Kleinwort Benson Trustees Limited	UNITED KINGDOM
Kleinwort Benson Unit Trusts Limited	UNITED KINGDOM
Knidos Finance Limited	UNITED KINGDOM
KNIGHTSBRIDGE ALLIANZ LP	UNITED STATES
Knowlfa Limited	UNITED KINGDOM
Königinstrasse I S.a.r.l.	LUXEMBOURG
KTC Kommunikations- und Trainings-Center Königstein GmbH	GERMANY
L.A. Partecipazioni e Servizi	ITALY
LA RURALE	FRANCE
LA Vita	ITALY
LAMINA Grundstücks-Verwaltungsgesellschaft mbH & Co. Objekt Leipzig KG	GERMANY
Langbourn Nominees Limited	UNITED KINGDOM
Langdale Nominees Limited	UNITED KINGDOM
Langham Nominees Ltd	UNITED KINGDOM
Laodicea II LLC	UNITED STATES
Laodicea LLC	UNITED STATES
Larose Trintaudon Chile S.A.	CHILE
L’Assicuratrice Italiana Danni	ITALY
L’Assicuratrice Italiana Vita S.p.A.	ITALY
Le Cottage	FRANCE
Le Profil des Profils	FRANCE
Life Sales LLC	UNITED STATES
Limited Liability Company “Professional Management Services”	RUSSIAN FEDERATION
LLC “Allianz Asset Management”	RUSSIAN FEDERATION
LLC “Allianz Life and Finance Rus”	RUSSIAN FEDERATION
Lloyd Adriatico Holding S.p.A.	ITALY
Lloyd Adriatico Real Estate S.p.A.	ITALY
Local Market Financial Investment Fund	BRAZIL
LOFRA GmbH & Co.KG	GERMANY
LOFRA Verwaltungs-Gesellschaft mbH	GERMANY

25

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
LOGICA SOFTWARE SRL	ITALY
London Verzekeringen N.V.	NETHERLANDS
LUFRA Beteiligungs-Holding AG	SWITZERLAND
Lufthansa Leasing GmbH & Co. Echo-Oscar KG	GERMANY
Lufthansa Leasing GmbH & Co. Echo-Papa KG	GERMANY
LYXOR Höchststandgar. 2023	FRANCE
LYXOR HÖCHSTSTANDSGARANT. 2018	FRANCE
LYXOR HÖCHSTSTANDSGARANT. 2021	FRANCE
LYXOR Höchststandsgarantie 2020	FRANCE
LYXOR Höchststandsgarantie 2022	FRANCE
LYXOR HÖCHSTSTANDSGARANTIEF. 2019	FRANCE
M.R. Print Management Ltd.	UNITED KINGDOM
Magador BV.	NETHERLANDS
Magdeburger Sigorta A.S.	TURKEY
Magpie Rose Limited	UNITED KINGDOM
Mandas Receivables No.2 Limited	UNITED KINGDOM
manroland (China) Ltd.	CHINA
manroland (India) Pvt. Ltd.	INDIA
manroland (Korea) Ltd.	KOREA, REPUBLIC OF
manroland (Shenzhen) Ltd.	CHINA
manroland (Taiwan) Ltd.	TAIWAN
manroland AG	GERMANY
manroland Asia Pacific Sdn. Bhd.	MALAYSIA
manroland Baltics SIA	LATVIA
manroland Benelux N.V.	BELGIUM
manroland Bulgaria-eood	BULGARIA
manroland Canada Inc.	CANADA
manroland CEE AG	AUSTRIA
manroland Ceská Republika spol. S.r.o.	CZECH REPUBLIC
manroland Co. Ltd.	JAPAN
manroland Danmark A/S	DENMARK
manroland Finland Oy	FINLAND
manroland France SA	FRANCE
manroland Great Britain Ltd.	UNITED KINGDOM
manroland Heusenstamm GmbH	GERMANY
manroland Hrvatska d.o.o.	CROATIA (local name: Hrvatska)
manroland Inc.	UNITED STATES
manroland Ireland Ltd.	IRELAND
manroland Italia SpA	ITALY
manroland Magyarorszag Kft.	HUNGARY
manroland Norge AS	NORWAY
manroland Poland SP. Z.o.o.	POLAND
manroland Polska Sp. z.o.o.	POLAND
manroland Portugal Lda.	PORTUGAL
manroland Printing Equipment (Shanghai) Ltd.	CHINA
manroland Romania S.R.L.	ROMANIA
manroland Rotations Vertriebs GmbH Nord	GERMANY
manroland Sistemas S.L.	SPAIN
manroland Slovenija d.o.o.	SLOVENIA

26

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
manroland Sverige AB	SWEDEN
manroland Swiss AG	SWITZERLAND
manroland Versicherungsvermittlungs GmbH	GERMANY
manroland Vertrieb und Service GmbH	GERMANY
manroland Vertrieb und Servicegesellschaft Süddeutschland mbH	GERMANY
manroland Western Europe Group B.V.	NETHERLANDS
Marlyna Ltd	UNITED KINGDOM
Martin Maurel Vie	FRANCE
Marylebone Commercial Finance Limited	UNITED KINGDOM
Mauritius Island Mascareignes Services Assistance- MSA Ltd.	MAURITIUS
Medexpress	RUSSIAN FEDERATION
Medexpress Plus	RUSSIAN FEDERATION
Medexpress Service	RUSSIAN FEDERATION
Medibroker s.r.o.	SLOVAKIA (Slovak Republic)
Medical Express Lebanon	LEBANON
Medisalud Compania Colombiana de Medicina Prepagada S.A. en Liquidación	COLOMBIA
Medvantis AG	SWITZERLAND
Menza Grundstücks-Verwaltungsgesellschaft mbH	GERMANY
MERCOSUL	BRAZIL
MERCOSUL ASSISTANCE ARGENTINE	ARGENTINA
MERKUR Grundstücks GmbH	GERMANY
MERKUR Grundstücks-Gesellschaft Objekt Berlin Lange Straße KG	GERMANY
MERLAN Mobilien-Verwaltungsgesellschaft mbH & Co. Projekt Nr. 16 KG	GERMANY
META Finanz-Informationssysteme GmbH	GERMANY
METALLRENTE FONDS PORTFOLIO	LUXEMBOURG
MetallRente Pensionsfonds AG i.G.	GERMANY
Miletos Finance Limited	GIBRALTAR
MM Composition Amerique	FRANCE
MMI Worksafe (Malaysia) Sdn Bhd	MALAYSIA
Mole Finance Inc.	CAYMAN ISLANDS
Mondial Assistance (Asia) Pte Ltd.	SINGAPORE
Mondial Assistance (Thailand) CO Ltd.	THAILAND
Mondial Assistance AG	SWITZERLAND
Mondial Assistance Australia Holding	AUSTRALIA
MONDIAL ASSISTANCE B.V.	NETHERLANDS
Mondial Assistance Beijing Services Co. Ltd.	CHINA
Mondial Assistance Deutschland GmbH	GERMANY
Mondial Assistance France	FRANCE
Mondial Assistance France SAS	FRANCE
MONDIAL ASSISTANCE GmbH	AUSTRIA
MONDIAL ASSISTANCE ITALIA S.P.A.	ITALY
Mondial Assistance OOO	RUSSIAN FEDERATION
Mondial Assistance Portugal Servicos de Assistência LDA	PORTUGAL

27

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Mondial Assistance Réunion S.A.	FRANCE
Mondial Assistance S.A.S.	FRANCE
Mondial Assistance s.p. Z.O.O	POLAND
Mondial Assistance s.r.o	CZECH REPUBLIC
Mondial Assistance Sigorta Aracilik Hizmetleri Limited Sirketi	TURKEY
Mondial Assistance United Kingdom Ltd (MAUK)	UNITED KINGDOM
Mondial Contact Center Italia Srl.	ITALY
Mondial Mexico S.A. de C.V.	MEXICO
Mondial Protection Corretora de Seguros Ltda.	BRAZIL
Mondial Service Italia S.r.l	ITALY
Mondial Services (India) Private Limited	INDIA
Mondial Servicios S.A. de C.V.	MEXICO
MONEGER SA	SENEGAL
More Global Inc.	CAYMAN ISLANDS
Morris (S.P.) Holdings Limited	UNITED KINGDOM
MS GL SM Cap Val	FRANCE
Münchener und Magdeburger Agrarversicherung Aktiengesellschaft	GERMANY
Münsterländische Bank Thie & Co. KG	GERMANY
National Surety Corporation	UNITED STATES
NEM Insurance Ireland Limited	IRELAND
Nemian Life & Pensions S.A.	LUXEMBOURG
Neoasistencia Manoteras S.L.	SPAIN
Neunzehnte FraMü Beteiligungs GmbH	GERMANY
Nextcare Holding	BAHRAIN
NFJ Investment Group LLC	UNITED STATES
Nicholas-Applegate Capital Management LLC	UNITED STATES
Nicholas-Applegate Capital Management Ltd.	UNITED KINGDOM
Nicholas-Applegate Holdings LLC	UNITED STATES
Nicholas-Applegate Securities LLC	UNITED STATES
Noman LTD.	UNITED KINGDOM
Norman Nominees Limited	UNITED KINGDOM
North American London Underwriters Ltd.	BERMUDA
Novosibirsk-Medizina CJSC	RUSSIAN FEDERATION
Objekt Burchardplatz GmbH & Co. KG	GERMANY
OCICA	COTE D’IVOIRE
Oddo Europe Mid Cap	FRANCE
Oddo Gestion Audac	FRANCE
Oddo Gestion Equilibre	FRANCE
Oddo Oblig Court T	FRANCE
Oddo Proactif Europe	FRANCE
Oddo Quattro	FRANCE
Oddo Quattro 2	FRANCE
OLB-Beteiligungsgesellschaft mbH	GERMANY
OLB-Immobiliendienst-GmbH	GERMANY
OLB-Versicherungsdienst GmbH	GERMANY
Oldenburgische Landesbank Aktiengesellschaft	GERMANY
Omega Thai Investment Holding	NETHERLANDS

28

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
OOO Euler Hermes Credit Management	RUSSIAN FEDERATION
OpCap Advisors LLC	UNITED STATES
Open Selection France	FRANCE
Oppenheimer Capital LLC	UNITED STATES
Oppenheimer Group Inc.	UNITED STATES
Orbis Tax Services Limited	UNITED KINGDOM
Organizacion G.o.a. S.A.	PERU
Orion Direct Nederland B.V.	NETHERLANDS
OSECA	SENEGAL
OY Selecta AB	FINLAND
Pacific Investment Management Company LLC	UNITED STATES
Pacific MMI Insurance Ltd.	PAPUA NEW GUINEA
Parc Continental Ltd.	UNITED KINGDOM
Patara Finance Limited	UNITED KINGDOM
PEMSE S.A.	SPAIN
Personalized Brokerage Service LLC	UNITED STATES
Pet Plan Ltd.	UNITED KINGDOM
PFP Holdings Inc.	UNITED STATES
PGREF V 1301 6th Invstrs I LP	UNITED STATES
PGREF V 1301 Sixth Investors I L.L.C.	UNITED STATES
Phénix compagnie d’assurances	SWITZERLAND
Phénix compagnie d’assurances sur la vie	SWITZERLAND
Phénix Immobilier S.N.C.	FRANCE
Phénix Long Short I	FRANCE
Phenix Sécurité L	FRANCE
Pico Westwood Limited	UNITED KINGDOM
Pimco (Switzerland) S.a.r.l.	SWITZERLAND
PIMCO Asia Ltd.	HONG KONG
PIMCO Asia PTE Ltd.	SINGAPORE
PIMCO Australia Pty Ltd.	AUSTRALIA
PIMCO Canada Corp.	CANADA
PIMCO Canada Holding LLC	UNITED STATES
PIMCO Canada Management Inc.	UNITED STATES
PIMCO Europe Ltd.	UNITED KINGDOM
PIMCO Global Advisors (Ireland) Ltd.	IRELAND
PIMCO Global Advisors (Resources) Ltd.	UNITED STATES
PIMCO Global Advisors LLC	UNITED STATES
PIMCO Japan Ltd.	JAPAN
PIMCO Luxembourg III S.A.	LUXEMBOURG
PIMCO Luxembourg IV S.A.	LUXEMBOURG
PIMCO Luxembourg S.A.	LUXEMBOURG
POLY ASSISTANCE & SERVICES S.A.	GREECE
ppi Media GmbH	GERMANY
PPI Media U.S. Inc.	UNITED STATES
PremierLine Direct Limited	UNITED KINGDOM
Previndustria—Fiduciaria Previdenza Imprenditori S.p.A..	ITALY
Priamos Limited	UNITED KINGDOM
Prienne Finance Limited	GIBRALTAR

29

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Priority Vie	FRANCE
Prism Re	BERMUDA
Privatinvest Bank AG	AUSTRIA
PriZ GmbH Emissionsgesellschaft für Zertifikate	GERMANY
Professional Planners Marketing Group LLC	UNITED STATES
Pronto Lloyd S.r.l.	ITALY
Property Nominees (Channel Islands) Limited	UNITED KINGDOM
Protexia France S.A.	FRANCE
PT Asuransi Allianz Life Indonesia p.l.c.	INDONESIA
PT Asuransi Allianz Utama Indonesia Ltd.	INDONESIA
PTE Allianz Polska S.A.	POLAND
Quadrator	FRANCE
Quality 1 AG	SWITZERLAND
Questar Agency Inc.	UNITED STATES
Questar Agency of Alabama Inc.	UNITED STATES
Questar Agency of Colorado Inc.	UNITED STATES
Questar Agency of New Mexico Inc.	UNITED STATES
Questar Agency of Ohio Inc.	UNITED STATES
Questar Agency of Texas Inc.	UNITED STATES
Questar Asset Management	UNITED STATES
Questar Capital Corporation	UNITED STATES
Quintet Properties Ltd.	IRELAND
R.B. Nominees Limited	UNITED KINGDOM
Ras Alternative Investments Sgr S.p.A.	ITALY
Ras Alternative Multi-Strategy	ITALY
RAS ANTARES	ITALY
Ras Immobiliare S.r.l.	ITALY
Ras Private Bank (Suisse) S.A.	SWITZERLAND
RB Fiduciaria SpA	ITALY
RB Vita S.p.A.	ITALY
RC Verwaltungs- und Beteiligungsgesellschaft mbH	GERMANY
RCM (UK) Ltd.	UNITED KINGDOM
RCM Asia Pacific Ltd.	HONG KONG
RCM Capital Management (Australia) Pty Ltd.	AUSTRALIA
RCM Capital Management LLC	UNITED STATES
RCM Japan Co. Ltd.	JAPAN
RCM U.S. Holdings LLC	UNITED STATES
RE-AA	COTE D’IVOIRE
Real Faubourg Haussmann SAS	FRANCE
Real FR Haussmann SAS	FRANCE
Receivable Partners Inc.	UNITED STATES
rehacare GmbH	GERMANY
Retail Vending Ltd.	UNITED KINGDOM
Return 10	FRANCE
Reuschel & Co. Beteiligungs- und Verwaltungs GmbH	GERMANY
Reuschel & Co. Finanz-Service-GmbH	GERMANY
Reuschel & Co. Kommanditgesellschaft	GERMANY
Reuschel & Co. Verwaltungs GmbH	GERMANY
RHEA	LUXEMBOURG

30

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Rhein-Main Metallverarbeitung GmbH	GERMANY
Risikomanagement und Softwareentwicklung GmbH	AUSTRIA
Risk & Safety Services Limited	IRELAND
risklab germany GmbH	GERMANY
Riskon Aktiengesellschaft geschlossenen Typs	RUSSIAN FEDERATION
Riverbank Trustees Limited	UNITED KINGDOM
Robert Benson Lonsdale & Co (Canada) Limited	UNITED KINGDOM
Roland 1. Verwaltungsgesellschaft mbH	GERMANY
Roland Holding GmbH	GERMANY
Roland Print B.V.	GERMANY
Rood Nominees Limited	UNITED KINGDOM
Rook Finance LLC	UNITED STATES
Rosno Centre	RUSSIAN FEDERATION
Rosno MS	RUSSIAN FEDERATION
Roster Financial LLC	UNITED STATES
Rusmed CJSC	RUSSIAN FEDERATION
Russian People’s Insurance Society “ROSNO”	RUSSIAN FEDERATION
RVB Verwaltungs- und Beteiligungs GmbH	GERMANY
S.C. ASIT REAL ESTATE S.R.L.	ROMANIA
S.I.B.I.	FRANCE
S.N.C. Haussmann Viager 2	FRANCE
SA Immobilière de L’Avenue du Roule	FRANCE
Sa Paindavoine	FRANCE
Saint Melrose Limited	UNITED KINGDOM
Saint-Barth Assurances S.A.R.L.	FRANCE
San Francisco Reinsurance Company	UNITED STATES
SAS LAENNEC	FRANCE
SAS Madeleine Opéra	FRANCE
SAT S.A.	TURKEY
SC Tour Michelet	FRANCE
SCAPI	FRANCE
SCEA Chateau Arnauld	FRANCE
Schmalbach-Lubeca Service Center N.V.	BELGIUM
SCI Avip des Pivolles	FRANCE
SCI AVIP La Templerie	FRANCE
SCI AVIP Marly-Saint Cyr	FRANCE
SCI AVIP SCPI Selection	FRANCE
SCI Carmidaloc	FRANCE
SCI champ laurent	FRANCE
SCI CRAM	FRANCE
SCI DE LA PAILLERE	FRANCE
SCI Fonciere du mas de Roman	FRANCE
SCI J.T.	FRANCE
SCI La Balandrane	FRANCE
SCI La Rize	FRANCE
SCI Paris X	FRANCE
SCI PRELLOYD	FRANCE
SCI RELAIS S.SAUVEUR	FRANCE
SCI Stratus	FRANCE

31

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
SCI Vilaje	FRANCE
SEL Multi-Ger Japon	FRANCE
Selecta A/S	DENMARK
Selecta AB	SWEDEN
Selecta AG	SWITZERLAND
Selecta AS	NORWAY
Selecta Betriebsverpflegungs GmbH	AUSTRIA
Selecta Deutschland GmbH	GERMANY
Selecta Eesti Osauhing	ESTONIA
Selecta Holding AB	SWEDEN
Selecta Holding GmbH	GERMANY
Selecta Holding Ltd.	UNITED KINGDOM
Selecta Hungary Automataüzemeltetö KFT	HUNGARY
Selecta Luxembourg SA	LUXEMBOURG
Selecta Management AG	SWITZERLAND
Selecta Nordic Holding AB	SWEDEN
Selecta Olland BV	NETHERLANDS
Selecta Purchasing AG	SWITZERLAND
Selecta Refreshments Ltd.	IRELAND
Selecta SA	BELGIUM
Selecta SA	FRANCE
Selecta TMP AG	SWITZERLAND
Selecta UK Ltd.	UNITED KINGDOM
Selection Multi-Gerant Emerg	FRANCE
Semaphore	FRANCE
SF Development FCPR L	FRANCE
SI 173-175 Boulevard Haussmann SAS	FRANCE
SIA Baltic Payment Systems	LATVIA
SIA Selecta	LATVIA
Siac Services Srl	ITALY
Side Finance Limited	UNITED KINGDOM
Siebzehnte DRESIB Beteiligungs-Gesellschaft mbH	GERMANY
SIFCOM Assurances	COTE D’IVOIRE
Sigma-1 CLO 2007	IRELAND
Silver Tower 125 Inc.	CAYMAN ISLANDS
SITIA Beteiligungs- und Verwaltungs-GmbH	GERMANY
Skylark Ltd	CAYMAN ISLANDS
SLC “Allianz Life Ukraine”	UKRAINE
SNAM S.A.L	LEBANON
SNC AGF Cash	FRANCE
SNC AGF Clearing	FRANCE
SNC Kléber Magdebourg	FRANCE
SNC LAENNEC RIVE GAUCHE	FRANCE
SNC Maxium	FRANCE
SOCIEDAD MUNDIAL DE ASISTENCIA SA	SPAIN
Società Agricola San Felice S.p.A.	ITALY
SOCIETE BELGE D’ASSISTANCE INTERNATIONALE S.A.	BELGIUM
SOCIETE BELGE DE SERVICES TELEPHONIQUES	BELGIUM

32

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Société Civile Construction Vente 33 Lafayette	FRANCE
SOCIETE EUROPEENNE DE PROTECT. ET DE SERVICES D’ASSIST. A DOMICILE “S.E.P.S.A.D.” S.A.	FRANCE
Société Foncière Européenne	FRANCE
Société Foncière Européenne	NETHERLANDS
Société Nationale Foncière S.A.L.	LEBANON
Sofiholding S.A.	BELGIUM
Sonimm	FRANCE
Southwark Bridge Investments Ltd.	UNITED KINGDOM
Space Park Erste Verwaltungs GmbH	GERMANY
Space Park GmbH & Co. KG	GERMANY
SPACECO	FRANCE
SPEHM SAS	FRANCE
ST Drive Inc.	CAYMAN ISLANDS
Standard General Agency Inc.	UNITED STATES
Stanislas H. Haine N.V.	BELGIUM
StocksPLUS Management Inc.	UNITED STATES
Subarban Finance Company	BERMUDA
Subarban Finance Company II	BERMUDA
Süddeutsche Industrie-Beteiligungs-GmbH	GERMANY
Supercheck GmbH	GERMANY
Swiss India Investment Management (Mauritius) Limited	SWITZERLAND
Swiss India Opportunities Fund Ltd.	SWITZERLAND
Symphony No.1 Llc	CAYMAN ISLANDS
Symphony No.2 Llc	UNITED STATES
Symphony No.3 Llc	UNITED STATES
Symphony No.4 Llc	UNITED STATES
Synergie Select EV	FRANCE
Tagil-MedService LLC	RUSSIAN FEDERATION
Takecare Management Ltd.	UNITED KINGDOM
TELESERVICES ET SECURITE “TEL2S”	FRANCE
TFI ALLIANZ POLSKA S.A.	POLAND
Thames SPC	UNITED KINGDOM
The Ajax Insurance Association Ltd.	UNITED KINGDOM
The American Insurance Company	UNITED STATES
The Annuity Store Financial & Insurance Services LLC	UNITED STATES
The Export Credit Clearing House Limited	UNITED KINGDOM
The Gresham Leasing CV	UNITED KINGDOM
The MI Group Limited	UNITED KINGDOM
The MI Property Management Company Limited	UNITED KINGDOM
The Riverbank Trust	UNITED KINGDOM
Thermo Centre Technische Handelsondemeing BV	NETHERLANDS
Three Pillars Business Solutions Limited	UNITED KINGDOM
Thurlaston Finance Limited	UNITED KINGDOM
Tihama Investments B.V.	UNITED STATES
Top Assistance Service GmbH	AUSTRIA
Top Versicherungsservice GmbH	AUSTRIA

33

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
Top Versicherungs-Vermittler Service GmbH	AUSTRIA
Top Vorsorge-Management GmbH	AUSTRIA
Towarzystwo Ubezpieczen Euler Hermes S.A.	POLAND
Trade Debtor Insurance Services Limited	UNITED KINGDOM
Trade Indemnity Credit Corporation Limited	UNITED KINGDOM
Trade Indemnity Factors Limited	UNITED KINGDOM
Trafalgar Insurance Public Limited Company	UNITED KINGDOM
Traktir	FRANCE
Travel Care Inc.	UNITED STATES
TU Allianz Polska S.A.	POLAND
TU Allianz Zycie Polska S.A.	POLAND
UAB Selecta	LITHUANIA
Universal Leven N.V.	NETHERLANDS
Unterstützungseinrichtung des Bankhauses Reuschel & Co. GmbH	GERMANY
Valorem LLC	UNITED STATES
Veer Palthe Voûte (Antilles) N.V.	NETHERLANDS ANTILLES
Vendcare (Holdings) Limited	UNITED KINGDOM
Vendcare Services Ltd.	UNITED KINGDOM
Vendome Lease S.A.	FRANCE
Vereinte Spezial Krankenversicherung Aktiengesellschaft	GERMANY
Vereinte Spezial Versicherung AG	GERMANY
Vernon	FRANCE
VertBois S.à.r.l.	LUXEMBOURG
Via Pierre 1	FRANCE
Victoria Capital Holdings S.A.	LUXEMBOURG
Victoria Capital S.A.	LUXEMBOURG
Villa La Pagliaia S.r.l.	ITALY
Vintage Insurance Company	UNITED STATES
Viveole SAS	FRANCE
Votra S.A.	SWITZERLAND
W Finance	FRANCE
W Finance Amerique	FRANCE
W Finance Arbitrage !	FRANCE
W Finance Assurances	FRANCE
W Finance Croissance	FRANCE
W Finance Europe	FRANCE
W Finance Opportunite !	FRANCE
Wall Street Technology Managers LP	UNITED STATES
Wasserstein Perella & Co.Limited	UNITED KINGDOM
Wasserstein Perella (France) SA	FRANCE
Watling Leasing March (1) Unlimited	UNITED KINGDOM
WATTINVEST C	FRANCE
WebTek Software Private Limited	INDIA
Werner Lies GmbH & Co. KG	GERMANY
Werner Lies Verwaltungsgesellschaft mbH	GERMANY
West Nominees Limited	UNITED KINGDOM
Westbourne Properties Limited	UNITED KINGDOM

34

Exhibit 8.1 Fiscal year 2008

Subsidiary	Jurisdiction
WF Administration	FRANCE
Wilhelm Reuschel GmbH	GERMANY
Willemsbruggen	NETHERLANDS
Windpark Berge-Kleeste GmbH & Co.KG	GERMANY
Windpark Büttel GmbH & Co. KG.	GERMANY
Windpark Emmendorf GmbH & Co.KG	GERMANY
Windpark Freyenstein GmbH & Co. KG	GERMANY
Windpark Halenbeck GmbH & Co. KG	GERMANY
Windpark Kittlitz KG GmbH & Co. KG	GERMANY
Windpark Pröttlin GmbH & Co. KG	GERMANY
Windpark Schönwalde GmbH & Co. KG	GERMANY
Windpark Waltersdorf GmbH Co. KG Renditefonds	GERMANY
Wisley Inc.	CAYMAN ISLANDS
Wm. H McGee & Co. (Bermuda) Ltd.	UNITED STATES
Wm. H McGee & Co. Inc.	UNITED STATES
Wm. H McGee & Co. of Puerto Rico Inc.	PUERTO RICO
World Access Canada Inc.	CANADA
World Access Europe Ltd.	UNITED KINGDOM
World Access Inc.	UNITED STATES
World Access Insurance Broker Ltd.	CANADA
World Access Service Corp.	UNITED STATES
YAO Investment S.a.r.l.	LUXEMBOURG
Yarra Finance Limited	UNITED KINGDOM
Yorktown Financial Companies Inc.	UNITED STATES
Zehnte SIB Beteiligungs-Aktiengesellschaft	GERMANY
Zenon Beteiligungs-GmbH	GERMANY
Zwölfte SIB Beteiligungs-Aktiengesellschaft	GERMANY

35